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A Troubled Outlook for Office Buildings Amid Remote Work’s Triumph

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A Troubled Outlook for Office Buildings Amid Remote Work’s Triumph
A commercial real estate property sit on the market in Costa Mesa, Calif., on April 9, 2021. John Fredricks/The Epoch Times
Greg Isaacson
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Commentary

Three and a half years after the COVID-19 pandemic prompted the sudden embrace of remote work, America’s urban offices remain half-empty. That’s good news for most employees, bad news for office landlords, and a challenge for U.S. cities facing a new era of downtown lethargy.

Greg Isaacson
Greg Isaacson
Author
Greg Isaacson spent 7 years in China and Thailand researching and reporting on business and real estate in Asia, with a focus on commercial real estate in Chinese-speaking markets as well as outbound investment from China. He has also worked as a real estate research analyst in Chicago and a real estate reporter in New York.
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